Comments on: Is Gold the Next Bubble? http://www.beatingbroke.com/is-gold-the-next-bubble/ Personal Finance from the Broke Perspective Thu, 09 Feb 2012 05:28:27 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Falling gold prices could mean the gold bubble is about to bursthttp://www.beatingbroke.com/is-gold-the-next-bubble/#comment-1640 Falling gold prices could mean the gold bubble is about to burst Tue, 03 Aug 2010 20:59:32 +0000 http://www.beatingbroke.com/?p=401#comment-1640 [...] even their life savings — to be safe when the global economy collapses into the stone age. Beating Broke wonders what will happen if (when?) the economy recovers. Those who bought gold at $1,100 and [...] [...] even their life savings — to be safe when the global economy collapses into the stone age. Beating Broke wonders what will happen if (when?) the economy recovers. Those who bought gold at $1,100 and [...]

]]> By: Personal Finance Blog Round Up: Is It Time To Quit Your Day Job?http://www.beatingbroke.com/is-gold-the-next-bubble/#comment-1421 Personal Finance Blog Round Up: Is It Time To Quit Your Day Job? Mon, 26 Jul 2010 13:52:46 +0000 http://www.beatingbroke.com/?p=401#comment-1421 [...] to apply some of these thoughts and ideas in your own lives. [Barbara Friedberg Personal Finance]Is Gold the Next Bubble? With all the craze about gold, is this turning out to be the next bubble or is there still some [...] [...] to apply some of these thoughts and ideas in your own lives. [Barbara Friedberg Personal Finance]Is Gold the Next Bubble? With all the craze about gold, is this turning out to be the next bubble or is there still some [...]

]]> By: The Real Estate Bubble: What Happened and What Can We Learn From It?http://www.beatingbroke.com/is-gold-the-next-bubble/#comment-1415 The Real Estate Bubble: What Happened and What Can We Learn From It? Mon, 26 Jul 2010 09:59:42 +0000 http://www.beatingbroke.com/?p=401#comment-1415 [...] Is Gold the Next Bubble? at Beating Broke [...] [...] Is Gold the Next Bubble? at Beating Broke [...]

]]> By: It’s a HOT! Rounduphttp://www.beatingbroke.com/is-gold-the-next-bubble/#comment-1404 It’s a HOT! Roundup Sun, 25 Jul 2010 22:40:45 +0000 http://www.beatingbroke.com/?p=401#comment-1404 [...] Is Gold the Next Bubble? at Beating Broke [...] [...] Is Gold the Next Bubble? at Beating Broke [...]

]]> By: Yakezie Alexa Challenge Rounduphttp://www.beatingbroke.com/is-gold-the-next-bubble/#comment-1401 Yakezie Alexa Challenge Roundup Sun, 25 Jul 2010 18:35:09 +0000 http://www.beatingbroke.com/?p=401#comment-1401 [...] Beating Broke asks Is Gold The Next Bubble? [...] [...] Beating Broke asks Is Gold The Next Bubble? [...]

]]> By: “What Are You Reading” Rounduphttp://www.beatingbroke.com/is-gold-the-next-bubble/#comment-1396 “What Are You Reading” Roundup Sat, 24 Jul 2010 09:28:37 +0000 http://www.beatingbroke.com/?p=401#comment-1396 [...] Is Gold the Next Bubble? at Beating Broke [...] [...] Is Gold the Next Bubble? at Beating Broke [...]

]]> By: B.B.http://www.beatingbroke.com/is-gold-the-next-bubble/#comment-1381 B.B. Thu, 22 Jul 2010 16:27:57 +0000 http://www.beatingbroke.com/?p=401#comment-1381 @kevin: I think that the inverse relationship only goes so far. I think that at some point, if the economy is good enough, people start looking for places to put their surplus investment money or diversifying those funds. Which are valid reasons to invest in gold. It's when those people sell and the doomsayers are buying that it becomes a problem. @kevin: I think that the inverse relationship only goes so far. I think that at some point, if the economy is good enough, people start looking for places to put their surplus investment money or diversifying those funds. Which are valid reasons to invest in gold. It’s when those people sell and the doomsayers are buying that it becomes a problem.

]]> By: Kevin@InvestItWiselyhttp://www.beatingbroke.com/is-gold-the-next-bubble/#comment-1380 Kevin@InvestItWisely Thu, 22 Jul 2010 15:58:57 +0000 http://www.beatingbroke.com/?p=401#comment-1380 On the other hand, prices of gold rose quite a bit from 2002 to 2007, when we thought times were good. I'm not buying much at current prices, but if it dips down to 800 I think it will be time to rebalance. On the other hand, prices of gold rose quite a bit from 2002 to 2007, when we thought times were good. I’m not buying much at current prices, but if it dips down to 800 I think it will be time to rebalance.

]]> By: Jakehttp://www.beatingbroke.com/is-gold-the-next-bubble/#comment-1378 Jake Thu, 22 Jul 2010 13:40:38 +0000 http://www.beatingbroke.com/?p=401#comment-1378 I concur really - now seems to be the worst time to "get into gold." As you pointed out, gold seems to be an inverse of the rest of the economy. Now while it is debatable whether the econ is truly recovering etc - you won't see huge jumps in price.So if that is the case, any investment growth will be marginal, but the risk of losing value seems high. Those together = bad investment for me. I concur really – now seems to be the worst time to “get into gold.” As you pointed out, gold seems to be an inverse of the rest of the economy. Now while it is debatable whether the econ is truly recovering etc – you won’t see huge jumps in price.

So if that is the case, any investment growth will be marginal, but the risk of losing value seems high. Those together = bad investment for me.

]]> By: Money Beaglehttp://www.beatingbroke.com/is-gold-the-next-bubble/#comment-1377 Money Beagle Thu, 22 Jul 2010 12:59:03 +0000 http://www.beatingbroke.com/?p=401#comment-1377 There always seems to be a bubble of some sort or another brewing these days. Right now, I'd have to say gold could potentially be it, though I agree that it wouldn't have the negative impact that some of the more recent bubbles have had. I've always thought that the price has risen way too fast and doesn't correlate with some of the indicators that usually tie in with a price increase in gold. Something definitely to watch out for but then again, when it comes to money, you have to keep your eyes on just about everything! There always seems to be a bubble of some sort or another brewing these days. Right now, I’d have to say gold could potentially be it, though I agree that it wouldn’t have the negative impact that some of the more recent bubbles have had. I’ve always thought that the price has risen way too fast and doesn’t correlate with some of the indicators that usually tie in with a price increase in gold. Something definitely to watch out for but then again, when it comes to money, you have to keep your eyes on just about everything!

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